The Latest Breaking News on Economy

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

The UK economy continued its recovery from recession at the end of last year

The budget surplus for last financial year has come in at $15.8 billion, well exceeding the $9.3 billion that was forecast in the May budget.

The PMI reading of 52.9 is down from 53.8 in August and below City expectations of 53.5

Civil servants should get back in the office in Whitehall and other parts of Britain to boost the economy, says Rachel Reeves.

Round numbers should be no more interesting or enlightening than any other. But the revelation that Britain’s debt has hit 100 per cent of GDP is unlikely to lift the sense of gloom that has already settled above Whitehall.

Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.

With the labor market cooling off and financial markets turning jittery, just how healthy is the economy right now?